Payday Loans in Torrance, California
If all you require is a briefer window of time between paychecks to get by, you might qualify to be approved for a payday loan in Torrance, California.
To understand more about the payday advance application process and see if it could be a solution for you, keep reading below.
What Is a Cash Advance?
A payday advance is a cash loan for short-term assistance to hold you over until the next payday. These cash advances generally vary between $100 and $1,000. In California, however, the largest amount that can be given is $300. There is no smallest amount requirement.
What Can I Use a Payday Advance For?
A payday loan can be used on just about anything - utility expenses, medical emergencies, car expenses, and much more!
Will Payday Lenders Check My Credit?
If you're searching for cash advances in Torrance, CA, with no credit check, you have to grasp the difference between a hard credit pull and a soft credit pull. Many lenders won't verify your credit report with the nation's most popular three credit agencies, nevertheless they will run a soft credit pull.
A soft credit inquiry generally consists of identifying your credit score in addition to some other general information.
Suppose I Have Less Than Stellar Credit?
California bad credit cash advance loans are possible, but they are never a for sure thing. While your credit history will influence deciding whether or not you qualify for a payday loan, it is not the only piece of information considered. Lenders may be willing to discount bad credit because what they value more is evidence of long-time employment with a regular income source as this truly shows whether you can or can't satisfy your loan.
What are the Requirements in Torrance, CA, to Get a Cash Advance Loan?
There are certain criteria you must satisfy in order to qualify for a payday advance in Torrance, CA.
- You must be 18+ and a legal US citizen with a valid ID
- You must have a regular source of income
- You must possess an active checking account
- You will need a working email address, working phone number
- All transactions must be detailed in a legal contract
- You can't have filed for bankruptcy
What are the Fees and Regulations Involved with Torrance, California, Payday Loans?
When getting your cash advance loans in Torrance, California, you can predict the following fees and regulations:
- Finance fees cannot exceed a rate of 15% per every $100 loaned
- Maximum loan of $300
- Longest term is 31 days
What is the Standard Interest Rate on Payday Loans in Torrance, CA?
Payday loans in CA come with an average interest rate of 460%.
I reside in Torrance, CA. When Can I Receive My Funds?
It revolves around who your lender is. You can submit an application online on our website to be matched with a lender, many of which will attempt to provide same-day cash advance loans. Although, typically you can expect to receive your deposit in your bank account the next business day.
Where Can I Get Paycheck Advance Loans in Torrance, California?
You can look into payday loans from direct lenders or use an online matching service to assist you with finding the most suitable lender.
Here at GreenStarCash, we vet our network of cash advance lenders to match you with the lender who is most willing to approve you quickly. In nearly a minute, you could know if you're approved and be headed towards a payday loan.
If you're searching for Torrance, CA, direct lenders, look at the list down below to find a lending option that meets your needs.
Payday Loan Direct Lender Companies in Torrance, CA
Below you will find a full list of payday loan storefronts in Torrance, California. If you can’t find a local lender in Torrance, consider applying in a nearby city in California. If you would prefer to apply for a payday loan online instead, please fill in the short form at the top.
If there are very few local lenders in Torrance, you can apply for a payday loan online on our website. Alternatively, consider finding a suitable payday loan lender in a nearby city.